Paloma Partners Management Co In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Paloma Partners Management Co reported 39 stock positions worth $113.5 million . Its top holding was Centuri (CTRI) at 15.9% of the portfolio, followed by Viasat (VSAT, 11.0% ) and Broadcom (AVGO, 6.0% ). Compared with Q4 2025, it opened 18 new positions, sold out of 18, added to 6 and reduced 12. The biggest buy was a new position in Centuri (CTRI) and the biggest sale an exit from Nvidia (NVDA).
Location GREENWICH, CT
CIK 0001103882
Portfolio Value $113.5M (Q1 2026) Holdings 39 stocks · $113.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 CTRI Centuri Holdings Inc. 619,674 $18.1M New VSAT Viasat Inc. 273,560 $12.5M Add +62.8% AVGO Broadcom Inc. 22,000 $6.8M Reduce -21.4% INTC Intel Corp. 150,000 $6.6M Reduce -36.2% AMZN Amazon.com Inc. 25,000 $5.2M Add +4.2% TTWO Take-Two Interactive Softwre 22,000 $4.3M Reduce -4.3% ANET Arista Networks Inc. 34,000 $4.2M New RRR Red Rock Resorts Inc. Class A 65,000 $3.5M Reduce -11.0% WH Wyndham Hotels & Resorts Inc. 41,000 $3.3M Add +22.4% OPTU Optimum Communications Inc. Class A 2,363,922 $3.1M Add +0.7% HST Host Hotels & Resorts Inc. 155,000 $3.0M New PENN Penn Entertainment Inc. 190,000 $2.9M New META Meta Platforms Inc. Class A 4,750 $2.7M Reduce -20.8% IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 10,000 $2.4M New SMTC Semtech Corp. 31,500 $2.4M New LRCX Lam Research Corp. 11,000 $2.4M No change MTN Vail Resorts Inc. 17,000 $2.2M Reduce -15.0% BROS Dutch Bros Inc. Class A 42,000 $2.1M Add +180.0% ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 1,500 $2.0M Reduce -25.0% BYD Boyd Gaming Corp. 23,000 $1.9M New LTH Life Time Group Holdings Inc. 70,000 $1.9M New LVS Las Vegas Sands Corp. 34,796 $1.9M Reduce -2.8% NOK Nokia Corp.-Spon ADR 215,000 $1.7M New ROG Rogers Corp. 16,000 $1.7M New CZR Caesars Entertainment Inc. 61,767 $1.6M New TNL Travel + Leisure Co. 22,000 $1.5M Add +69.2% AFRM Affirm Holdings Inc. 28,029 $1.3M Reduce -74.5% CLBR.U Colombier Acqstn Corp. III 119,596 $1.2M New STM Stmicroelectronics NV-NY SHS 35,000 $1.2M Reduce -16.7% CNF Cnfinance Holdings Ltd. 305,337 $1.2M No change GOOGL Alphabet Inc. Class A 4,000 $1.2M New ADI Analog Devices Inc. 3,500 $1.1M New QADRU Qdro Acquisition Corp. 100,000 $992K New HAS Hasbro Inc. 10,000 $936K Reduce -84.1% PRMB Primo Brands Corp. 45,000 $847K No change IPGP Ipg Photonics Corp. 6,250 $716K New HPP Hudson Pacific Properties Inc. 100,736 $595K New IACOU Idea Acquisition Corp. 24,993 $248K New ELWT Elauwit Connection Inc. 15,000 $89K Reduce -55.8%
Options reported separately and not counted above: CHTR puts ($65.5M), IWM puts ($53.9M), BTDR calls ($41.5M), MTZ puts ($36.7M), VSAT calls ($18.3M), PWR puts ($17.9M), GT calls ($13.3M), TLT calls ($13.0M), NAVI calls ($12.3M), RTX puts ($9.3M), NOC puts ($8.9M), LMT puts ($8.8M), and 6 more.
Other holdings (4): bonds, preferreds, convertibles and warrants · $63.6M (not counted above) Total filed on the 13F, all lines: $177.1M.
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ NVDA Nvidia Corp. Sold out 0.00% −8.04 AFRM Affirm Holdings Inc. Reduce -74.5% 1.13% −5.53 AMD Advanced Micro Devices Sold out 0.00% −4.09 DKNG Draftkings Inc. Class A Sold out 0.00% −3.92 HAS Hasbro Inc. Reduce -84.1% 0.82% −3.38 WMT Walmart Inc. Sold out 0.00% −2.99 CHDN Churchill Downs Inc. Sold out 0.00% −2.96 SNPS Synopsys Inc. Sold out 0.00% −2.29 CORZ Core Scientific Inc. Sold out 0.00% −2.19 CRWV Coreweave Inc. Class A Sold out 0.00% −2.18 AVGO Broadcom Inc. Reduce -21.4% 6.00% −1.88 PI Impinj Inc. Sold out 0.00% −1.70 ROKU Roku Inc. Sold out 0.00% −1.50 INTC Intel Corp. Reduce -36.2% 5.83% −1.22 TTWO Take-Two Interactive Softwre Reduce -4.3% 3.83% −0.96 NBIS Nebius Group NV Sold out 0.00% −0.92 META Meta Platforms Inc. Class A Reduce -20.8% 2.39% −0.83 CIEN Ciena Corp. Sold out 0.00% −0.76 COHR Coherent Corp. Sold out 0.00% −0.75 RRR Red Rock Resorts Inc. Class A Reduce -11.0% 3.06% −0.62 FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.61 LCID Lucid Group Inc. Sold out 0.00% −0.49 TER Teradyne Inc. Sold out 0.00% −0.47 LVS Las Vegas Sands Corp. Reduce -2.8% 1.65% −0.24 MTN Vail Resorts Inc. Reduce -15.0% 1.92% −0.24 BTDR Bitdeer Technologies Group-A Sold out 0.00% −0.23 ELWT Elauwit Connection Inc. Reduce -55.8% 0.08% −0.06 AIFC AI Financial Corp. Sold out 0.00% −0.05 ASML ASML Holding NV-NY Reg SHS Reduce -25.0% 1.75% +0.01 STM Stmicroelectronics NV-NY SHS Reduce -16.7% 1.07% +0.18
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ CTRI Centuri Holdings Inc. New 15.94% +15.94 VSAT Viasat Inc. Add +62.8% 11.04% +6.33 ANET Arista Networks Inc. New 3.68% +3.68 HST Host Hotels & Resorts Inc. New 2.62% +2.62 PENN Penn Entertainment Inc. New 2.52% +2.52 IBM Intl Business Machines Corp. New 2.13% +2.13 SMTC Semtech Corp. New 2.13% +2.13 BYD Boyd Gaming Corp. New 1.66% +1.66 LTH Life Time Group Holdings Inc. New 1.66% +1.66 NOK Nokia Corp.-Spon ADR New 1.52% +1.52 ROG Rogers Corp. New 1.51% +1.51 CZR Caesars Entertainment Inc. New 1.44% +1.44 BROS Dutch Bros Inc. Class A Add +180.0% 1.87% +1.13 CLBR.U Colombier Acqstn Corp. III New 1.07% +1.07 GOOGL Alphabet Inc. Class A New 1.01% +1.01 ADI Analog Devices Inc. New 0.98% +0.98 WH Wyndham Hotels & Resorts Inc. Add +22.4% 2.93% +0.88 QADRU Qdro Acquisition Corp. New 0.87% +0.87 IPGP Ipg Photonics Corp. New 0.63% +0.63 TNL Travel + Leisure Co. Add +69.2% 1.34% +0.60 HPP Hudson Pacific Properties Inc. New 0.52% +0.52 IACOU Idea Acquisition Corp. New 0.22% +0.22 AMZN Amazon.com Inc. Add +4.2% 4.59% +0.08 OPTU Optimum Communications Inc. Class A Add +0.7% 2.71% −0.44
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ CHTR Charter Communications Inc. Class A put Add +23.6% 303,500 $65.5M BABA Alibaba Group Holding-SP ADR put Sold out 400,000 $58.6Mbefore exit IWM iShares Russell 2000 ETF put New 217,300 $53.9M BTDR Bitdeer Technologies Group-A call Add +55.2% 4,800,800 $41.5M MTZ Mastec Inc. put New 114,000 $36.7M SPY SS SPDR S&P 500 ETF Trust-US put Sold out 47,500 $32.4Mbefore exit PWR Quanta Services Inc. put New 32,600 $17.9M GT Goodyear Tire & Rubber Co. call Add +42.9% 2,000,000 $13.3M QQQ Invesco QQQ Trust Series 1 call Sold out 20,900 $12.8Mbefore exit NAVI Navient Corp. call New 1,500,000 $12.3M RTX RTX Corp. put New 48,000 $9.3M NOC Northrop Grumman Corp. put New 13,000 $8.9M LMT Lockheed Martin Corp. put New 14,500 $8.8M HPP Hudson Pacific Properties Inc. call New 1,475,000 $8.7M CTRI Centuri Holdings Inc. call Reduce -8.7% 274,000 $8.0M VFC VF Corp. call Sold out 427,500 $7.7Mbefore exit LHX L3HARRIS Technologies Inc. put New 20,000 $6.9M KRMN Karman Holdings Inc. put New 60,000 $4.8M NWL Newell Brands Inc. call Reduce -79.0% 800,000 $2.7M PRIM Primoris Services Corp. put New 15,200 $2.2M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026 Security Class Change vs Q4 2025 Shares / Principal Value ▼ ALIBABA GROUP HOLDING (BABA 0.5 06/01/31) NOTE 0.500% 6/0 · principal Add +29.6% 35,000,000 $48.7M ECHOSTAR CORP (ECHO 3.875 11/30/30) NOTE 3.875%11/3 · principal Sold out 8,030,000 $26.9Mbefore exit COINBASE GLOBAL INC (COIN 0.25 04/01/30) NOTE 0.250% 4/0 · principal Sold out 13,684,000 $14.1Mbefore exit LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) NOTE 1.500%12/1 · principal Sold out 2,000,000 $10.6Mbefore exit TRIP.COM GROUP LTD (TCOM 0.75 06/15/29) NOTE 0.750% 6/1 · principal Reduce -53.5% 10,000,000 $10.4M GUESS INC (GES 3.75 04/15/28) NOTE 3.750% 4/1 · principal Sold out 7,623,000 $7.6Mbefore exit NIO INC (NIO 4.625 10/15/30) NOTE 4.625%10/1 · principal Reduce -90.7% 4,000,000 $4.1M LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal Reduce -30.0% 7,000,000 $508K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 7 $11.3M ACGC, IPVVU, CTRI, ANGX, CNF Q1 2026 39 $113.5M CTRI, VSAT, AVGO, INTC, AMZN Q4 2025 39 $123.0M NVDA, AVGO, INTC, AFRM, TTWO Q3 2025 60 $219.4M WOLF, BTDR, AMD, TLT, HPE Q2 2025 73 $232.3M AVGO, RIG, CORZ, XLK, LSCC Q1 2025 91 $277.5M ALGM, TXN, TLT, CRM, HYG Q4 2024 142 $1.1B COP, AA, INTC, APTV, TECK Q3 2024 762 $1.4B AA, SNOW, NE, XLF, EQT Q2 2024 740 $918.0M QQQ, XLY, XOM, GFR, COP Q1 2024 443 $476.7M CPE, XLE, GFR, EEM, XME